DOGEUSD - Update; sharp decline Possible outcome for Doge -
looks like were going straight down and wont be expecting a rise anytime soon.
I think we may get a rise naturally by end of may/ start of june.... BUT it could be sooner depending if it gets pumped.
Dogecoinusd
Dogecoin to at Least $0.44 in Early May. Given some favorable astrology happening to Doge in early May, alongside what seems to be like a developing support level of $0.27, if we can hold that support, I expect breaking out to at least the $0.44 range, if not higher, if Elon tweets or something else externally relevant happens.
Dogecoin- Back to 0.4?Dogecoin has recovered very quickly after the false break under 0.25 support.
Now the coin is trading comfortably above this support and looks determined to continue its up trajectory
0.4 is my target for this coin in the near future
DOGE: 21 Day EMA Support EstablishedThe RSI has gone from 96 to 57 on the daily timeframe in just one week, and we're looking at a sharp bounce off the 21 day EMA (as expected) . Buy the dippers are going to be lining up to grab the (perceived) discount, so imo there's a tradable bounce here back near ATHs. Let's see how next week shapes up, and if potential weakness in equity markets (and bond markets) throw a wrench in Doge's potential rebound. Trade with caution...
Crypto - DOGEIdea for Dogecoin:
- Testing Function Square Wave indicator.
- Wyckoff Distribution mapped.
- Expected to capitulate near target date.
GLHF,
DPT
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DOGECOIN - SWING ANALYSISDOGECOIN - We have seen a sharp decline in the price of this cryptocurrency from last few days and the possible reasons which has been published on various articles are related to Dogecoin’s unlimited supply, high Dogecoin mining levels and a lack of technical development for this cryptocurrency.
Somehow, I do agree with the reasons for the fall but the volume analysis and the potential insider movements is telling a whole new different story. A sudden jump after a volume pick and then a sharp declines is the things which we are now aware about, But I still advice you all to just take position on the fund you can afford to lose as it's a high speculation game now, I am updating about this crypto after a lot of you guys messaged me to say a word and post something on it.
My trading an investment approach will be a buy here at 0.2815
Maintain stop loss around 0.2054
Potential upside target 0.6040 ( it's a big up move target positionally, do book your profits on regular interval )
Hope this analysis help you in your decision.
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Dogecoin to the Moon Update 4H TF IdeaDogecoin finds a good support level on the 0.28/ 0.30 cents area ( blu line) Broke the resistance resistance yellow line a couple of times in lower TF like the 15m. Dogecoin could continue this triangle ( in red ) for the 4h TF no major moves before then and could just trade between 0.40 and 0.30 till the break of the triangle targeting the ATH.
DOGECOIN DOGE/USD: IDEACurrently @ 0.32
Since the beginning of April Dogecoin has gained 734% from the price it started the month with.
This bull run was mostly fueled by retail traders & tweets/endorsements from Elon Musk & a few other billionaires. Since Dogecoin has little to no support from developers/mining community, Hedge funds, banks & Money Managers they way bitcoin has it makes it a high risk investment but there is some potential for growth for this crypto , so lets look at possible outcomes of this cryptocurrency in the next few days/weeks.
Currently everything looks bearish
Looking at the chart we expect the pair to fall to at least 0.20 before a reversal and continuation of it bull run.
0.20 lines up with the Golden Fibonacci Retracement ratio of 0.618
for it to complete a bullish harmonic pattern which is currently being formed on the 4H chart.
Do note that it can still fall beyond this level but in no way will it go back to 0.05.
It will be wise to set Buy limit entries @ 0.20 & Buy Stop entries @ 0.5
If we look at other cryptocurrency's historic charts like Bitcoin, Ethereum, litecoin, ripple, etc. you will notice that after the first breakout or surge for the crypto it tends to fall back to a third of its peak or back to the price it started with just before the breakout. It will be best to set buy entries at lower entries to maximize your return on your investment.
DOGE/USDT: WTF is this!?? Seriously, in all seriousness... lol. Gaps in crypto land now? I hope I’m seeing this wrong. Look and analyze the opening and closure of those last 6hr candles and ask yourself if it makes sense! #DOGEDAY ? We’ll see if the doggies have anything left in them. Perhaps the last fireworks? Let’s stay tuned.
DOGE Buy a break setup.DOGEUSDT - Intraday - We look to Buy a break of 0.452 (stop at 0.420)
Daily signals are bullish.
Price action continues to trade around the all-time highs.
A move through bespoke resistance at 0.450 and we look for extended gains.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 0.545 and 0.635
Resistance: 0.450 / 0.500 / 0.550
Support: 0.400 / 0.350 / 0.300
Dogecoin- New ATH very soon?Dogecoin was almost unaffected by the big sell of in crypto market and the coin recovered very quickly the intraday losses even closing with a pretty good gain
This is a clear sign that bulls are strong for this coin and I expect a new ATH and 0.5 very soon
0.33-0.35 is my buy zone and I expect acceleration above 0.4
Update DogeCoin hello guys, as we see on the chart we have 2 way or let us say 2 areas, First after we break the Red Area and we hope that:) then we will see another high price to up again
second Area green if we broke the Green Area and we not hope that :( we will see another test and it will take more time to rise up again.
But most ieda is broke the Red Area in shaa allah
DOGE - What led to this breakout? This is the DOGE Bitcoin pair
As can be seen the massive pump occurred on the 7th price oscillation within the falling wedge
777 and 420? Wow
The massive breakout is the direct result of the falling wedge coming to an end, and breaking out bullishly
First chart for DOGE
Dogecoin is bullish again for the next weekMy view on Dogecoin for the next week, based on the patterns that has taken place the last week.
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)